I usually use 1% rule and low 200's with 1600 month won't do it. 

Usually with  a new coat of kiln and paint the odor will go away.

Cap rates vary from 5% to 10% usually.

This usually means all updated electrical, plumbing, and roofing.

This was a clean foreclosure property, which is usually difficult to find.

Usually they don't own anything to attach it to.

Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.

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Be sure to pay attention to anticipated ARV and max LTV on the refinance, as well as seasoning requirements - this is where I usually see people run into problems.

PML's don't usually ask for an upfront fee.